Personal Finance Recommends Wave
In the May 27 “Personal Finance” issue in a section on technology stocks titled “Cyber Cops on the Beat” Wave is recommended under $1 per share. I believe the May 27 issue comes out on-line a couple of days earlier.
They also recommend McAfee, Versar, and Unisys.
I could hardly believe my eyes, as Personal Finance generally focuses on large companies or income-producing investments, though they do sometimes throw in a small company. It’s a little discouraging, though, that they don’t seem to have it quite right. I don’t think the TPM or data-at-rest encryption helps when data is in transit.
You have to wonder how they can recommend something that they don't seem to understand. Maybe it’s the idea of hardware-based security that caught their attention.
“Mobile computing, an increasingly popular solution for business people, adds another layer of cyber security challenges. Keeping data secure while it’s being transferred across a wireless network or from an Ethernet port in a hotel room is a dilemma that’s finally being taken seriously.
“Wave Systems (NSDQ: WAVX) is a leading provider of client and server software for hardware-based digital security, enabling organizations to know who’s connecting to their critical IT infrastructure, protect corporate data, and strengthen the boundaries of their networks.
“Wave’s core products are based around the Trusted Platform Module (TPM), the industry-standard hardware security chip. TPM provides a broad range of security features, but because it functions independently of the operating system, it can serve as a “root of trust,” verifying the integrity of the machine and user. This comes in handy when the VP of personnel leaves his or her computer in a cab or the CIO is conversing over an open WiFi network.
“Wave is partnered with virtually everyone who’s anyone in the business, which is crucial in this highly competitive environment. Buy Wave Systems below 1.”
